Golden Goose hits 16.88 g/t platinum over 0.50 metres in a 3.5-metre zone at its Lac Levac property



    MONTREAL, Jan. 24 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR)
(the "Company") is pleased to report that Hole 40-07 drilled last fall on its
Lac Levac property has returned an intersection of 2.64 g/t platinum (Pt) over
3.5 metres, including 16.88 g/t of Pt over 0.5 m. The Lac Levac property is
wholly-owned by Golden Goose and lies in the James Bay area of northern
Quebec.
    Hole 40-07 was drilled on the main area of the NISK-1(*) anomaly. Detailed
assay results are as follows:

    
    Hole           From      To  Length      Ni     Cu     Co      Pt     Pd
    No.              (m)     (m)     (m)      %      %      %    (g/t)  (g/t)
    -------------------------------------------------------------------------
    40-07         243.5   247.0     3.5    0.70   0.21   0.04    2.64   1.59
    -------------------------------------------------------------------------
      Including : 246.5   247.0     0.5    0.87   0.17   0.05   16.88   0.61
    -------------------------------------------------------------------------
    Analyses were done by Accurassay Laboratories, Thunder Bay, Ontario. All
    samples are tested using a full scan ICP following an Aqua-Regia
    digestion. Ore grade samples are then reanalyzed by atomic absorption.
    Pt and Pd are tested by Fire Assay using lead collection.

    "While up until now we have considered the Lac Levac property primarily as
a nickel play, this exceptional result is leading us to take a fresh look at
the property in terms of its platinum potential," said Jean-Marc Lacoste,
President of Golden Goose.
    The Company is also analyzing the palladium (Pd) mineralization of the
eastern extension of the NISK-1 anomaly. While palladium grades in the main
section of the anomaly generally average about 0.8 g/t, results for the
eastern extension are showing an average of 2.19 g/t Pd. The best result to
date is in Hole 47-07, which returned an intersection of 3.24 g/t Pd over
8.0 metres, including a section of 3.44 g/t of Pt over 1.5 metres. Detailed
results for Hole 47-07 are as follows:

    Hole           From      To  Length      Ni     Cu     Co      Pt     Pd
    No.              (m)     (m)     (m)      %      %      %    (g/t)  (g/t)
    -------------------------------------------------------------------------
    47-07        153.70  161.70    8.00    1.03   0.72   0.05    0.91   3.24
    -------------------------------------------------------------------------
      Including: 159.70  161.20    1.50    1.04   1.28   0.05    3.44   5.39
    -------------------------------------------------------------------------

    Additional results from the fall drilling program are being compiled and
will be released in the next few days.
    The Lac Levac drilling programs are planned and supervised by Marc-Antoine
Beaupré, a geological engineer and the qualified person as defined by National
Instrument 43-101. He has approved the contents of this press release.

    (*) Previously called the INCO anomaly. Golden Goose has decided to
        assign Cree names to the Lac Levac anomalies; "nisk" means "goose" in
        Cree.
    

    ABOUT GOLDEN GOOSE RE

SOURCES Golden Goose Resources Inc. is a Canadian public company listed on the TSX Venture Exchange under the symbol GGR. The Company is principally engaged in mineral exploration and acquisition and has a portfolio of gold and nickel-platinum group metals properties in Ontario and Quebec. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For further information:

For further information: Golden Goose Resources Inc.: Jean-Marc Lacoste,
1-888-928-4667, Fax: 1-888-494-5371, lacoste@goldengooseres.com; Renmark
Financial Communications Inc.: Barry Mire: bmire@renmarkfinancial.com; James
Buchanan: jbuchanan@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com; Qualified Person under NI 43-101: Marc Antoine
Beaupré, Ing., (888) 928-4667, Fax: (888) 494-5471, www.goldengooseres.com

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GOLDEN GOOSE RESOURCES INC.

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